21st Electric Power Industry Reform Act Implementation Status Report

Abstract:

In terms of ensuring supply security and reliability, the efforts were more focused in addressing the situation in Mindanao while for Luzon and Visayas, the long-term vision is to put in place and enforce a robust reliability standards while continuing to assist the private sector in general.

The operations of the Wholesale Electricity Spot Market’s (WESM) continuous improvement were effected through the conducts of rules review and changes as necessary, regular audits and regular monitoring of the behavior of market participants.

The 21st Status Report on EPIRA implementation covering the period May 2012 to October 2012 embarks the current accomplishments and developments in the restructuring of the electric power industry as provisioned in Republic Act No. 9136, otherwise known as Electric Power Industry Reform Act (E
PIRA) of 2001.